Tenet Healthcare Corporation (THC) — Financial Flexibility Index
Tenet Healthcare Corporation (THC) has a Financial Flexibility Index of 0.08x as of March 2026. Free cash flow of $1.82 Billion (operating CF $1.64 Billion minus capex $180.00 Million) represents 0% of total liabilities ($22.35 Billion). Check how strategically is Tenet Healthcare Corporation's equity deployed to assess the company's strategic physical and investment asset allocation.
Financial Flexibility Index
Free Cash Flow
Total Liabilities
Capital Expenditures
Tenet Healthcare Corporation Financial Flexibility Index (1988–2025)
Historical Financial Flexibility Index trend for Tenet Healthcare Corporation across 38 annual periods. See THC current assets to equity ratio to evaluate short-term liquidity relative to the company's equity base.
Annual Financial Flexibility Index for Tenet Healthcare Corporation (1988–2025)
Year-by-year free cash flow to debt coverage for Tenet Healthcare Corporation. For the full company profile including market capitalisation, see Tenet Healthcare Corporation stock valuation.
| Year | Flexibility Index | Free Cash Flow (USD) | Operating CF | Total Liabilities | YoY Change |
|---|---|---|---|---|---|
| 2025 | 0.22x | $4.55 Billion | $3.54 Billion | $20.70 Billion | ▲ +50.5% |
| 2024 | 0.15x | $2.98 Billion | $2.05 Billion | $20.39 Billion | ▲ +6.6% |
| 2023 | 0.14x | $3.12 Billion | $2.37 Billion | $22.80 Billion | ▲ +67.5% |
| 2022 | 0.08x | $1.84 Billion | $1.08 Billion | $22.55 Billion | ▼ -14.3% |
| 2021 | 0.10x | $2.23 Billion | $1.57 Billion | $23.32 Billion | ▼ -41.4% |
| 2020 | 0.16x | $3.95 Billion | $3.41 Billion | $24.22 Billion | ▲ +83.0% |
| 2019 | 0.09x | $1.90 Billion | $1.23 Billion | $21.36 Billion | ▲ +8.6% |
| 2018 | 0.08x | $1.67 Billion | $1.05 Billion | $20.30 Billion | ▼ -9.7% |
| 2017 | 0.09x | $1.91 Billion | $1.20 Billion | $20.98 Billion | ▲ +34.6% |
| 2016 | 0.07x | $1.43 Billion | $558.00 Million | $21.23 Billion | ▼ -26.1% |
| 2015 | 0.09x | $1.87 Billion | $1.03 Billion | $20.46 Billion | ▼ -4.4% |
| 2014 | 0.10x | $1.62 Billion | $687.00 Million | $16.95 Billion | ▲ +12.0% |
| 2013 | 0.09x | $1.28 Billion | $589.00 Million | $15.01 Billion | ▼ -39.5% |
| 2012 | 0.14x | $1.10 Billion | $593.00 Million | $7.81 Billion | ▲ +0.9% |
| 2011 | 0.14x | $972.00 Million | $497.00 Million | $6.95 Billion | ▼ -1.5% |
| 2010 | 0.14x | $948.00 Million | $472.00 Million | $6.68 Billion | ▲ +16.9% |
| 2009 | 0.12x | $881.00 Million | $425.00 Million | $7.26 Billion | ▲ +29.8% |
| 2008 | 0.09x | $755.00 Million | $208.00 Million | $8.07 Billion | ▼ -26.1% |
| 2007 | 0.13x | $1.05 Billion | $326.00 Million | $8.34 Billion | ▲ +478.4% |
| 2006 | 0.02x | $181.00 Million | $-462.00 Million | $8.28 Billion | ▼ -85.7% |
| 2005 | 0.15x | $1.34 Billion | $763.00 Million | $8.79 Billion | ▲ +167.5% |
| 2004 | 0.06x | $476.00 Million | $-82.00 Million | $8.35 Billion | ▼ -73.5% |
| 2003 | 0.22x | $1.71 Billion | $838.00 Million | $7.94 Billion | ▼ -46.0% |
| 2002 | 0.40x | $3.20 Billion | $2.31 Billion | $8.03 Billion | ▲ +29.0% |
| 2001 | 0.31x | $2.45 Billion | $1.82 Billion | $7.92 Billion | ▲ +84.3% |
| 2000 | 0.17x | $1.53 Billion | $869.00 Million | $9.10 Billion | ▼ -15.3% |
| 1999 | 0.20x | $1.82 Billion | $582.00 Million | $9.19 Billion | ▲ +13.7% |
| 1998 | 0.17x | $1.62 Billion | $403.00 Million | $9.28 Billion | ▲ +82.4% |
| 1997 | 0.10x | $810.00 Million | $404.00 Million | $8.48 Billion | ▼ -3.7% |
| 1996 | 0.10x | $565.00 Million | $195.00 Million | $5.70 Billion | ▼ -65.1% |
| 1995 | 0.28x | $1.69 Billion | $-7.00 Million | $5.93 Billion | ▲ +103.5% |
| 1994 | 0.14x | $332.00 Million | $147.00 Million | $2.38 Billion | ▲ +0.0% |
| 1993 | 0.14x | $332.00 Million | $147.00 Million | $2.38 Billion | ▼ -52.8% |
| 1992 | 0.30x | $717.00 Million | $398.00 Million | $2.42 Billion | ▼ -22.6% |
| 1991 | 0.38x | $980.00 Million | $559.00 Million | $2.56 Billion | ▼ -10.1% |
| 1990 | 0.43x | $978.00 Million | $600.00 Million | $2.30 Billion | ▲ +20.9% |
| 1989 | 0.35x | $898.00 Million | $448.00 Million | $2.55 Billion | ▲ +29.8% |
| 1988 | 0.27x | $753.00 Million | $365.00 Million | $2.78 Billion | — |